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to the white house on this is it shows president obama is opening strong not conceding. we will be right back. arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not just a spectator sport. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. [ ♪ theme ♪ ] [ music ] >> broadcasting across the nat
i did. obama in the white house. all right. things are pretty sweet for mr. obama these days. living large, he's in charge. nothing to worry about. >> just 33 days left until we hit that disastrous combination of tax rate increases and spending cuts now known as the fiscal cliff. >> jon: oh, yeah, that, that was-- (laughter) ladies and gentlemen, the fiscal-- cliff. >> it's the subject of tonight's cliffpocalypsema get-- mageddonocaust, our nation's solvable budget problem. (laughter) (cheers and applause) >> jon: i actually hurt my shoulder just there. it's like i'm 50. so we're now just a little more than a month away from going over the fiscal cliff which is, of course, as we all, what is the fiscal cliff again? >> a toxic combination of spending cuts and tax increases that kicks in at the beginning of next year. >> on january 1s its bush tax cuts will eck prior within the alternative minimum continuation would quick in, hiking taxes for more than half married couples with two children. the payroll tax cut was also expire. >> emergency unemployment benefits end, and 984 billion do
, it is obviously childish in certain ways to watch but it's also how negotiations happen, right? president obama, what i think we saw today, was he won the election and he feels like he's sort of partially broken the republicans. you've had republican movement on taxes in a way you hadn't had a year ago, and so he's decided rather than sort of play the nice guy, he's going to push much harder and see what he can get. there are important things at stake here, and i'm more inclined to agree with the republicans than with the president about what should be done, but i don't think anyone can blame him exactly for pushing at the moment. that's sort of what politicians are supposed to do. >> frank, on that point, the president clearly feels emboldened as you would do by being re-elected. can we expect to see a different obama? it struck me that the one thing he's not that good at actually is negotiating. if you compare him to somebody like bill clinton, i remember interviewing both president clinton and also newt gingrich. after a few early skirmishes which led to big problems, they then sort of got a
time? >> well, it was clear to joel bennenson who was the obama pollster and who got it right on the money. it was clear in the average polls. i think john is right about this, there was an assumption inside the party that there was going to be a different electorate. >> did you see it, bob? did you see the excitement this time we both saw in '08 for obama? >> of course you didn't see the same level of excitement but i saw a level of determination that was intense. i saw people waiting for hours in line in the polls. i'll tell you one other thing. you cannot explain simply by your conception of what the electorate was going to be those crazy momentum numbers that you showed over that last weekend. there was something else wrong with that polling. >> what do you think it was? >> well -- >> was it the getting together with governor christie and that great show of bipartisanship? was it the fact your side couldn't push the benghazi issue? what changed the last weekend toward obama? >> certainly i think sandy changed things. it let the president be president. >> it changed the sub
thanks to dianne feinstein and this report to stake a claim right before the second obama term begins that, perhaps, this is something to start fighting on again. and the fact it's happening during the defense authorization debate sort of seems like an interesting marker to get that off on perhaps a new footing. >> i wonder if you sense on the issues of national security that you cover if there's been a change in resolve on the democratic side. we've seen fights over issues like this for the past 4, 8, 10, 12 years. but i feel like when i talk to democrats about these issues now, when we see democrats talk about these things in the media, they're sort of starting to treat these types of fights like the stupid ground zero mosque fight or some other conspiratorial right wing nonsense fight. there seems to be new resolve on the part of the democrats and maybe on the part of the president that they're not going to lose fights when the other side's argument is really dumb. >> i think you're right about that. on the other hand, never underestimate the spinelessness of a democrat. so, you kn
for you sos i got it right but i read this today: >> cenk: now do you understand that? the clinton era rates are 39.5 wear. all along, president obama was saying i'm taking away the bush tax cuts, we're going back to the clinton era rates right? all of a sudden not really going back to the clinton era rates. that's why i was saying you know what, they might increase the rates because president obama has said it way too many times not to increase the rates at all, but although as we've sheen you, they've also hint haded they might lower rates. he's not going to go back up and take the bush tax cuts away. the final might be 37%. politico same reporting as the wall street journal on that. they say it might be about $1.2 trillion in tax increases. they say realistically it could be closer to a trillion dollars. that's similar to what we've been hearing. the democrats are supposed to have leverage, but looks like they'll get the same trillion dollars that president obama has always been asking for. finally, or two final notes on this we've got the $1.2 trillion in cuts that we might be gett
to the economy. almost all of them agree the obama approach is the right approach. increasing the rates on the wealthy will have no impact on job creation or gdp growth. >> professor dyson, we found out today that the austerity budgets used in the eurozone have sent employment to record highs. unemployment in spain is at 25%. unemployment in greece, 25%. how is it possible speaker boehner comes out and promotes paul ryan's budget for 2011 and 2012 as somehow the answer to our fiscal problems? >> i mean, this is the indication that i'm afraid that they're stuck in the mud attitude and their ostrich-like oblivion to what's going on in the real world will lead to disastrous consequences. i hope my good friend julian epstein is right crunching those numbers. the cbo, the cds, they're going to cbs even to check out the apoth carries to find out what they're prognosticating. these people are insensitive to the critical claims of the electorate and the voter out here, the population out here that says, look, we're tired of this. we're tired of this mangling the record of obama for the sake of
conspiracy theory. you can clearly see a pair of boxing gloves sitting in the background right behind the president. is the white house trying to show the american people that president obama knocked mitt romney out in this election? did they do this on purpose? we'll never know. but maybe louie gohmert can help us out. that's "the ed show." i'm ed schultz. "the rachel maddow show" starts right now. good evening, rachel. >>> we will know that is the case if we find some kind of mexican wrestling mask in the next pete sousa photo from the white house. then we'll know they're sending a message. >> thanks, raching. >> thanks to you at home for joining us this hour. okay. last year in the former soviet republic of georgia, which to refresh your memory is here sort of wedged into a port of the world called eurasia, in his struggling young nation of georgia, a 75-year-old grandmother was out looking for scrap metal and she happened by some dark miracle she happened upon the cable that connects much of that region to the outside world. the cable that she found when she was looking for scrap
that same thing or something like it. what we have right now with president obama's action is a temporary measure. we need something permanent and this is always -- this has always been an issue that we needed to deal with in a humane rational way and if f this bill represents the place to start, that's great. >> suarez: well ear about to make a career move, a move for the people of your state. one thing voters said consistent through twelve was that they didn't get a sense that congress was getting much done. do you have optimism that the next congress is going to be different from this last one? >> i do. mostly because we have to. we're at a point on the fiscal issues where we actually have to reach an agreement and perhaps if we do so in this lame duck session or early the session then maybe than will set the stage for other areas as well. we've got to on the regulatory front deal with these issues in a partisan way as well. i'm anxious to get started there and hopefully we can. >> suarez: arizona's senator elect jeff flake, thanks for joining us. >> thanks for having me on. >> brown:
's hands has without us doing anything and that's a major prlem in a security issue for the obama administration. >> warner: you were telling me before we came on that you'd seen another video that also suggests that. tell us about that. >> that's right. there was a video released a few days ago in which -- in the video it was an organization fly a black flag, clearly something jihadist saying to europeans and americans "we don't need you, we have these weapons, we'll do it on our own." so our worst nightmare through neglect seems to be coming true in syria. >> warner: quickly, how close is the u.s. to changing its policy at all from what you've been able to discern? >> i think it is on terms of recognizing the government in exile which we -- was formed in doha. in terms of arming the opposition, i'm not sure. it might be something that's been debated to death. there's no action out of the obama administration. we were hoping it was going to happen earlier, it didn't happen and it seems now that the people -- the jihadists and salafists have the arms now including shoulder-fired a
presentation for the obama team at this point. >> in many ways you're right. last week i was covering these protests at walmart and i interviewed numerous walmart workers who said we've been there three years, five years, ten years, making $8, $9, $10, $11 an hour. you just put up that number. at costco, if you work there 4 1/2 years you're making generally $20.50 an hour. and then they kick in another $4,000, $5,000 to your 401(k). an amazing thing is the typical costco worker there 4 1/2 years is making as much as the typical walmart assistant store manager. >> steve greenhouse, "new york times." great to have you with us tonight. thanks so much. >>> there's a lot more coming up in the next half hour of "the ed show." stay right with us. >> it's over. >> no more twinkies? >> this is it. >> hostess executives demand huge bonuses while 18,000 people get fired. congressman jim mcdermott responds, next. >>> gdp is up, and unemployment is down. and this congress is the most unproductive in history. we'll break down the numbers. >>> and congressman louie gohmert goes off the deep end agai
the collateral damage to obama would be significant. right now the obama approach is to go hold this rally in philadelphia in allyson schwartz's district, a democrat, and somehow it's going to change the minds of house republican. you've just been re-elected in a year of close to 65 million votes. you're probably going to be okay in which turnout's going to be significantly lower. >> hold on, jim. >> one of those cases -- >> hold on. i can tell you that if i were still in congress, i would go on talk radio, and everybody in northwest florida would just be horrified that the president was in a democrats' district in pennsylvania, that would make me collapse and go, oh! i will do something that i think is bad for small business owners all across -- no, actually, i don't mean to be a smart ass here. i don't know who is telling him to do this. i don't get it. >> the best possible scenario. let's say that these campaign-style rallies really work. and that you get -- and it goes, you know, people are going to show up to this are going to be typical obama supporters, but that's okay. but for ever
. >>> and bo obama takes us on a tour of the white house. you're watching "politicsnation" on msnbc. >>> it's official. powerball officials say two people had the right number to win the $580 million jackpot. two people. yeah. so congratulations to the lucky winners. mitt and ann romney. >> oh, 580 million, just throw it on the pile. >> yeah. [ male announcer ] introducing the new dell xps 12. part of a whole new line of tablets from dell. it's changing the conversation. ♪ it's changing the conversation. if we want to improve our schools... ... what should we invest in?e maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. maybe you want to incorporate a business. or protect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer q
but they have a right. so glenn beck is selling obama in pee-pee. it's plat tick obama wrapped in a flag submerged in urine. they had bids up to $11,000 but ebay removed it because it contained bodily waste. glenn beck said it was beer, not urine. but he advertised it as urine. the little obama that drops in the jar, it has a flag wrapped around it. glenn beck submerged a flag in urine. >> stephanie: you know, we were saying to what degree is just out and out racism against this president. did you hear what grover norquist said, john. >> which time. >> stephanie: this is the latest time regarding the fiscal cliff negotiation. >> sound byte: they can have him on a rather short leash on a small--here's your allowance come back next month if you have behaved. >> you're proposing that the debt ceiling be increaseed month by month. monthly if he's good. weekly if he isn't. >> wow. how can you tell when they're being racist or tribalist. it's hard to tell. >> stephanie: put a leash on the president of the united states. if he's good--that's not too condescending or racist, we're vomitous. >> w
with a nominee, they have a right and duty to speak and vote that way. someone keeps telling the press that president obama prefers to nominate u.n. ambassador susan rice, and as long as that person is not the president and does so under ground rules that protect his or her identity, we are condemned to this preventative war we're watching in washington. one side attacking while no one outside the gates of the white house knows what the president intends. i take president obama at his official word. he has not decided whose name to send to the senate, and with that we go to the first of our two senatorial guests, senator bob corker, republican of tennessee. senator corker, i have laid it out as best i can. you senators have a right and a duty to decide, to advise and consent or not to a president's nominee. isn't this strange that we're having the debate about the qualifications for a candidate for the secretary of state position and she hasn't been nominated? >> i think it is, and, you know, as i mentioned yesterday, whoever the president does nominate, i certainly look forward to giv
people? because president bush cut taxes for everybody. finally now, i guess, history will get it right. that is actually what happened. president obama was on the wrong side of it then. definitely headed -- leading the country in a bad direction now. he had every reason to try to figure out a way to help the republicans, help get them to a deal so everyone could not have this anxiety leading up to the fiscal cliff. he is exacerbated the anxiety with the ridiculous plan. mitch mcconnell does not show emotion about anything ever. he has the best poker face. geithner's proposal must have been absurd that he laughed out loud would have been fan tast tic to see. >> andrea: there is a second stimulus. all spending and taxing. how would you feel if the republicans walked away? something you celebrate? >> bob: if they walked away permanently celebrate it particularly. look, the republicans, the question i've got here is why are you putting at risk all the things you talk about? the recession and the dire things, for the sake of people at the top 2%. i don't understand that. >> eric: you are no
get the dividend this year. 175 companies doing just that. all right, let's get at it, shall we. president obama's first offer fiscal cliff, higher taxes, new spending and power over the debt spending. and offered by tim geithner who had tax problems in the past and today president obama is it at a toy factory campaigning for new taxes on the rich. and joining us is julia. >> hi. stuart: how are you. >> i'm great. stuart: i can't believe that you, as a regular american, want to do this to america, do you? >> i think it's because-- i don't think that this is exactly what what's going to happen. stuart: you don't think that the president will actually do this. >> no, no, i think the president has learned to negotiate. what the president would do, he would start with sort of half a loaf and negotiate and give the republicans about 75% of what they wanted. i think he's finally understood if you want to actually get to at least halfway, you have to start at extremes and meet halfway. republicans have done this all along. stuart: you agree with me, if this plan, anything like it from
seems to have the leverage right now, craig, and whether it was president obama's re-election, whether it's some of the republicans like the sound you actually played from tom cole who seems to be going to the white house position, the bush tax cuts should be extended for the middle class, but for the middle class only. so the white house by creating all these big demands including more tax revenue, but also saying, hey, congress, we want to take away your power on the debt ceiling limit to have all these asks that tim geithner apparently made was basically to make republicans cave on the one thing the white house really wants, and that is to decouple the bush tax cuts for the middle class and the wealthy. >> do you think the white house has done a good job explaining that every american will get a tax cut on their first $250,000 of income? >> that's a great question and president obama made that in his remarks today. he's actually been making it in the past. and it is actually something that we as journalists haven't done a very good job pointing out. that even if you are a billionair
, but insisted for the next 45 minutes that she was right. >> sean: thanks for being with us. more breaking news tonight when we come back. the obama administration's fiscal cliff is apparently hysterically bad, but senator mitch mcconnell burst into laughter upon hearing this. we'll sort through the plan. plus a lesson from president ronald reagan on why republicans should be hesitant to take the president and the democrats at their word when it comes to any deal. and why is dianne feinstein exploring of possibility of housing gitmo terrorists in a neighborhood near you? we'll examine the likelihood of this nutty proposal. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet?
website ktvu.com. you can watch tonight's 5:00 game right here on ktvu channel 2 our coverages begins at 4:30 after an early edition of the news. >>> this morning president obama travels to a toy factory in pennsylvania to make a new appeal for his end of fiscal cliff. he will make the case that congress needs to take action to stop taxes from going up on middle class consumers. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by timothy geithner. the white house proposal consists of $1.6 trillion over a decade. the administration wants $50 billion for infrastructure spending in 2015. the president is offering to support an unspecified amount of spending cuts this year. >>> the $1 bill may be on its way out. congressional auditors want to do away with the dollar bill and replace them with $1 coins. they say the switch could save taxpayers more than $40 billion over the next 30 years. they are also looking at changing the metal composition of is quarters, dimes, and nickels. >>> oakland is moving forward to put more officers on th
is get it from the wealthy, right? >> obviously like willie sutton that is where the money is but you have to be extremely careful how you do it because we've looked at the economics and run obama's plan through our economic model and found that for every dollar that it would increase in federal tax revenues it would rrduce gdp by $10. that is a very poor tradeoff as to have higher tax revenues but lower gdp and economic growth. that's not the direction that we want to head. if you're going to increase taxes we should do it through economic growth. that comes through smart tax policy, not dumb tax policy. melissa: but they always say, if you don't, the wealthy won't miss it. they will just pay a little bit more. it is fair their share. it will help close the gap. how do you respond to that? >> all of that money is locked up into productive activity whether in a business or the stock market or somewhere else. so the more that you tax that income, that means there's less investment, there's less for the business. there is less for hiring. it has to come from somewhere. it is not a costl
.91 a barrel. we'll be right back tracy: so president obama continuing to push tax hikes on the rich as part of the big fiscal cliff deal but will raising taxes on the wealthy actually help the government in covering its debts? i'm thinking not. liz macdonald is here with her bottom line. >> take a wild guess. if you raise rate on two top brackets how much does it bring in? it brings in '82 billion. guess how much in terms of government spending in term of time frame it covers, a month, a year? ashley: five minutes? >> pretty close, ashley. look at this. ashley: what is it? >> covers 1 1/2 weeks of government spending at current rates. ashley: that's it. >> when we talk about the fair share, tracy and ashley, you never hear the president say this what the top 1% pay. in other words what their fair share. look at this, 37% of the top 1% is responsible for in terms of personal income tax revenue. they pay, they earn just one fifth, just one fifth of adjusted gross income. moving along top 5%, nearly 60% of the personal income tax revenue. ashley: comes from the top 5%. >> top five%. they earn
every single day until christmas. "fox and friends" starts right now. it is friday. i am gretchen carlson. i hope you have a fantastic weekend. it is it a compromise. is it ready though. obama style. the president makes an offer to avoid the fiscal cliff. lso where are the cuts? we are live in washington with the details. look at that guy. a construction worker walks in a convenience store checks his number and walks out perhaps a multimillionaire. we'll tell it to you straight away. >> officer and a gentleman. you will hear from the cop who spent his hard earned cash to buy a pair of socks and shoes. he pet them on him. "fox and friends" starts right now. ♪ ♪ ho, ho hompt >> indeed. rick it is not christmas time here in new york city until rick descends down one of the tallest buildings in connecticut and there he is. screen left from last year screen right. when he bumped into the building. good morning to you rick. >> some traditions like fruit cake that shouldn't happen . maybe it is one of those tradition. you do it once and this is a building here. give you a shot from t
. it is chile, right? martha: turkey chile. bill: president obama hosting governor mitt romney for a private lunch at white house. this is the photo released by the white house, shaking hands at the oval house. they had a lunch, hour long, no media or press cameras. press press was asked about it. listen here. melissa: nothing is preventing you from speaking with governor romney about it. well, that is obviously up to former governor romney to decide whether he wants to have a conversation with you. and, you're welcome, when the president, next appears before you to ask him about it. we will provide a readout. but we didn't, i think they wanted to have, each man wanted to have a private conversation. they didn't want to turn it into a press event. bill: we hear that governor romney congratulated the president on his campaign and wished himself. they promised to stay in contact if there are opportunities to work on shared interest. don't hold your breath. martha: a new government report out shows americans cut back on their spending last month and saw no growth in their incomes. the commerce
of coal you get for christmas. that's a scrooge christmas. >> that's pretty scroogy, right? president obama's proposal calls for $1.6 trillion in new tax revenue. $50 billion for new stimulus spending. and about $400 billion in entitlement cuts. republicans say, the president's proposal's nothing but a political stunt. here is boehner. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> what we will do is continue to take this as a serious matter. this is not a game. we're not interested in playing rope adope. we're interested in trying to solve the problem for the american people so that we don't see taxes go up on anybody, so that we can engage in tax reform, get this economy going again. we're not playing a game. we're being serious. that offer yesterday
. it needs leadership. >> president obama had said that he has pen in hand, he's prepared to sign the middle class tax cuts. >> i think it's important congress act now, i mean right now. >> they're still not paying they're fair share? the people working have to pay even more in order to cover the incompetent errors by the spenders over all these years. >> greta: former speaker of the house newt gingrich joins us, author of the book "victory at your town." why are you telling house republicans to, quote, get a grip? >> i think this whole fiscal cliff language is designed to maximize a sense of fear that's nonsense. the very same people, the congress and president, who invented the fiscal cliff -- this is all an invention -- could break it down into 12 foothills. there are 15 foothills, or 20 foothills. they could tackle one problem at the time. i agree with what i understand senator jeff sessions has said, and i think he'll be on your show later, this ought to be out in the open. we're rushing toward a secret deal made in secret meetings where nobody will know what's going on, and then people
're calling my2k. not y2k. my2k. all right. >> listening to president obama out of hatfield, pennsylvania. he is at a toy company that makes toys similar to leggos, children's toys. he wants to bring his case directly to the american people to travel to be there in front of real folks to make his case for avoiding the fiscal cliff and also his treasury secretary as well going up on the hill talking to members of congress essentially putting forward his plan that would require tax hikes for the wealthiest americans. it is something that republicans are not pleased with. we expect republicans' response very soon. we're iffing to bring that to you live. if you would like to continue listening to the speech, go to cmn.com/live and continue to listen to the president. up next we are also focussing on another story. each year thousands of young british girls lured into a world of sex abuse. we're going to take a look at how predators, they're using gifts, alcohol, social media to gain the trust of their victims. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot p
. reporting live in washington, back to you. >> all right, danielle. thanks so much. >>> well, secretary of state hillary clinton is weighing in on two major mid east situations, both with great u.s. interest involved. amid reports the obama administration is preparing to recognize syria's opposition counsel as the legitimate representative of the people, clinton notes rebels are now able to hold their ground and take the fight to government forces. >> we have been deeply involved in helping to stand them up, and we're going to carefully consider what more we can do. >> and on iran's nuclear ambitions, clinton says with the u.s. election over, now is the time to see if there's hope for negotiating in good faith. >> there is still a window of opportunity to reach some kind of resolution. >>> all right. back to main street u.s.a. yesterday in sandy stricken new jersey and new york a secret santa was handing out $100 bills. the anonymous missouri man sought out people who had been devastated by hurricane sandy. and while he plans to hand out $100,000 in total, he says it's not about the mon
th. >> governor january brewer slapped with a lawsuit over immigration rights. for driver's licenses for young immigrants. those young people were given work permits and avoided deportation under president obama's dream act. they claim not having a driver's license makes it difficult for them to go to school and work. they call brewer's move unconstitutional. >> cot sound of your baby crying actually be a sign of autism? there is new research that suggests pitch and the crying of babies as young as 6 months could determine their risk to develop autism. the higher more variable the pitch the grart the risk of a-- grart the risk of autism. they help the information can help identify children at risk for the disease much earlier in life. >> so sweet, though. >> talk about a very close encounter with a hump back whale. >> oh my god. that's -- >> the whale getting very close to a small canoe in australia as you heard it actually made the little girl that was taping the whole thing that little squeak you heard made her nervous. she was in a boat when a giant whale swam up to them and under
gone wrong when we expanded rights and responsibilities to everybody. >> may 14th, 2012. president obama cutting to the heart of his decision to openly back marriage equality. been a pretty pivotal year in the long and emotional battle over same-sex unions and this day could be quite a pivotal day. because today the supreme court, the ultimate decider of rights and rules in america, is deciding whether it is finally time to take a stand on gender-based marriage law. and just how big a stand to take. the country, of course, is divided. right now 30 states have their own constitutional bans on same-sex marriage. but nine states plus the district of columbia allow men to marry men and women to marry women. that number grew by three alone just this month. those were voter referendums during the election. nationwide exit polls show slightly more voters than not say same-sex marriages should be legal. you see it there. 49% say yes. 46% say no. which in theory has absolutely no bearing essentially on anything that the high court decides, or does it? we may not actually even find out until
>>> right now on "andrea mitchell reports" on the road again after republicans reject his opening bid, president obama hits the philadelphia suburbs campaigning hard for his plan to raise taxes on the rich. >> it's not acceptable to me and i don't think it's acceptable for you for a handful of members of congress to hold middle class tax cuts hostage because they don't want rates on upper incomes to go up. that doesn't make sense. >> the speaker was quick to respond. increasing tax rates draws money away from our economy that need to be invested in our economy to put the american people back to work. it's the wrong approach. we're willing to put revenues on the table, closing loopholes and not raising rates. we think it's better for the economy, pure and simple. >> and just now, hitting the jackpot. the small town missouri couple who have had more than their share of hard times win the powerball and with the great american generous spirit are taking it in stride. >> our main concern is our family and, of course, and we have a very large family and then next is our charities we'll
and put businesses in a further hole. president barack obama, august, 2009. he was absolutely right then. those facts hold true today. it's not just those facts hold true over a small period of time, mr. speaker. those facts hold true over a decade. john kennedy's quotes, president john f. kennedy, i just want to take you back, mr. speaker, it's not as if these are new ideas we are talking about. this isn't some rocket science problem that's suddenly been thrust upon the united states of america in 2012. these are basic economics. adam smith talked about these years ago. this is in one of john f. kennedy's news conference in 1962 as he was providing the largest tax cut in modern american history he said this, he said it's a paradoxical truth that tax rates are too high and tax revenues are too low. that's where we are today, mr. speaker. tax rates are too high and tax revenues are too low. it's a paradoxical truth that can be true. he goes on. he says the soundest way to raise revenues, that's exactly what we are trying to do when we talk about balanced approach. we need to cut spending.
before christmas. now, the craziness of the situation is president obama campaigned on raising taxes, a tax rate for the highest earners, and he could win on that right now. it is clear the republicans will cave. the republican nightmare is there is a stand off they go over the fiscal cliff, after all the tax rates go up and the president, of course, proposals to lowerren's -- lower everyone's taxes but the highest and if the republicans resist he will say the republicans are talking you from getting a middle-class tax cuts because they want to recollect their millionaire friends. if republicans are going to agree to higher tax rates for the highest bracket, do it quickly, and, then, president obama would be the one who is refusing it because he is throwing in all sorts of extra things like total executive branch control of the debt limit. >>neil: who came up with the $50 billion in new surplus spending in the middle of this? come on! >>guest: the question, it is an interesting offer, kind of an office that the president gave yesterday which was call it disrespectful, a disrespectful
-threatening situation. right now mr. bush is in stable condition and is expected to go home by the weekend. >>> the obama administration has an ambitious road map to reduce the spread of aids. today secretary of state hillary clinton outlined the goal to work towards an aids- free generation. she echoed the administration's commitment to support research on technology for prevention and treatment. >> we'll set clear measurable benchmarks and monitor our progress towards them so we can focus our funding on what works. it is science that has brought us to this point. it is science that will allow us to finish this job. >> about 34 million people worldwide are living with hiv. by the way, world aids day is saturday. >>> if the storm damages your home will your insurance cover you? coming up in tonight's consumerwatch, how companies expect you to be pro-active and the type of damage insurance won't cover. >> flood watches are already issued for portion of the bay area. i'll show you which ones and i'll show you doppler radar and many of you wondering where that rain is. it's all to the north r
into the administration right in this area, but anyway, you are who you are, and we're glad you're here. obama doesn't want another recession. the idea that pallety murray/chuck schumer idea if they can't have their way with no spending, if they can't have their way and raise tax rates they'll let all the tax cuts expire and we'll go into a recession. i think that's a bluff. i think that makes obama herbert hoover obama. he can't take a second recession and it would blow him out of the water. i think that's why the republicans have more leverage than they think. >> that's absolutely true. >> you buy that? >> more importantly there are three other reasons you should be able to get to an agreement. speaker boehner nose knows we need an agreement. three, this is the rare period in american politics where you can have governance with less politics. number four, you have a forcing mechanism. that happens very rarely, so those -- all those factors come together. i believe one of these weekends the president and speaker will get in a room and desire this things. >> we were there in the summer of 2011. we w
before going off a cliff. >> the political theater over the fiscal cliff. >> mr. obama sends his chief negotiator. >> treasury secretary tim geithner. >> who was on capitol hill right now. >> reaching out to capitol hill. >> the push is on to get a deal. >> no substantive progress has been made in the talks. >> literally no progress. >> bad news, bad news, bad news. >> this is the moment of posturing. >> a lot of posturing. >> until we hear good news. >> the framework of the deal is beginning to emerge. >> i'll do whatever it takes to get this done. >> we have a debt crisis. >> i'll do anywhere and do whatever it takes. >> all eyes on the white house. >> they're going to get right up to cliff on new year's eve. we're all going to be hugging cliff. >> it's like when a fish show starts. the crowd -- >> i hope nobody catches that reference. >> all eyes on the white house. >> together again. >> what's his name? >> table for two. >> don't help me, don't help me. >> mr. romney goes to washington. >> mitt romney makes his way to the white house. >> the political power lunch of 2012. >> it's n
a way of shamussing i will say. >> right. >> jennifer: there today's par las that i think could be illustrative. >> well, it is. i think by pretty common ascent, president obama wouldn't agree with this, but i think almost everybody else would, that he has not been the most sociable guy with members of congress. and what jefferson did when congress was in session every night more or less, he had lawmakers down to dinner. he would write his daughter saying i am about to be an unpunk tal correspondent because i am about to enter enter into the business of the session, and a big part that have was having people in the president's hughes, up close and personal. not that he thought it would create a bipartisan simpsonism, but that it would in fact help on the margins that people might be more likely to give him the benefit of the doubt if they had heard something directly from him. and contemporary evidence suggests that true. >> jennifer: apes to whoo people? >> at least neutral icize neutralize them which is a wonderful
how to do it. >> it does seem like president obama has given up on his pledge to close gitmo. why has your messiah for -- forsaken you. >> if we close, gitmo is closed, right? joy what is moot? is moot gitmo's -- is that mitt's brother? >> i think the stands for me on the other team. >> oh, now we learned something. the big concern here seems to be these detention centers are near american towns. and that could be a problem because they are targets. right now they are near cuba. cuba is 157 chevy away from the horse-and-buggy. if nothing happened over there, for tau fight american towns will be just fine. move them. >> i don't understand that logic at all. >> the logic is this, if they couldn't get to them while smuggling whatever they wanted you could smuggle another cuba into cuba, and that hasn't happened, i am not worried. >> gitmo is not -- we own gitmo. >> but we are still on the isle that is cuba. >> i think there is credit to the argument. it is not an excuse, but there is credit to the argument. joy as we said in the green room. >> senator feinstein said we hold 373 individua
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